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2
Bedrooms
2
Bathrooms
99 m²
Surface area
€
€7273
Price per m²
Apartment
Property type
+39 photos
Analysis
Price
€720.000
Own investment (30%)
€216.000
30% down payment of purchase price
Buyer costs
€72.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€112,66
Expected occupancy rate
67%
Gross rental p/m
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€0000
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Mortgage costs
-€1.344
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€82,50
{% trans 'Estimated annual maintenance costs (10€/m²). This is the
rule of thumb for existing and older homes. For new construction,
this is usually lower.' %}
Cleaning costs
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€344,39
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€165,50
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€12,89
This is the VAT percentage you pay in the country of the property. If you are a EU resident, you pay 19% VAT.
Earned back in
Time to earn back own investment + buyer costs.
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Log inNightly Rates
Estimated nightly rate
€112,66
High season
€151
Mid season
€109,58
Low season
€90
Price determining factors
- Luxury features and high-end furnishings.
- Panoramic views and outdoor space.
- Prime location in La Cala de Mijas.
- Modern interior design and amenities.
- Additional parking and storage.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €133,60 | An impressive beach house | 1.1 km |
| €203 | Casa Flores - Panoramic views, pool, tennis, BBQ | 10.0 km |
| €132,40 | Spectacular house on Carvajal Beach | 10.3 km |
| €125,20 | Picturesque Casita Mijas Pueblo | 10.9 km |
| €166,80 | Chariming and creative house 50m from the beach | 11.3 km |
| €134,80 | Cubo's Finca La Graciosa (Cubo's Farm) | 16.5 km |
| €275,20 | Casa Tetuan in old town Marbella, a manicured home | 18.1 km |
| €186,80 | Unique place with roof terrace in Old town | 18.3 km |
| €116 | Charming Sea Front Bungalow | 20.6 km |
| €124,86 | Sunny hillside casita in Guaro | 22.0 km |
Return & Value appreciation
Annual return
0.23%
5 Year Return
1.15%
10 Year Return
2.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with high-end furnishings enhances value.
- Local market trends in 2027: Expected growth in luxury property demand in La Cala de Mijas.
- Property type: Penthouse with extensive outdoor space and views is highly desirable.
- Economic outlook in 2027: Positive economic growth in Spain supports property appreciation.
- Demographic developments: Increasing demand from expatriates and retirees boosts market.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities will increase attractiveness.
- Historical WOZ value trends: Consistent increase indicates rising property values.
Possible improvements
- Renovate bathrooms and kitchen with modern fixtures.
- Upgrade outdoor furniture and amenities.
- Add smart home features for convenience.
- Improve energy efficiency with solar panels or insulation.
- Enhance security systems.
Description
Experience luxurious living in this exclusive penthouse in La Cala de Mijas, Spain, offering breathtaking outdoor spaces and modern comforts. This stunning property features 2 spacious bedrooms and 2 stylish bathrooms, recently fitted with high-end furnishings and move-in ready. The highlight is a magnificent 207 m² wrap-around terrace that provides panoramic views and abundant sunlight due to its east, south, and west orientation—perfect for enjoying Spain's sunny climate. The terrace serves as your private oasis, equipped with a barbecue area overlooking the golf course and mountains, along with entertainment amenities like a pool table and ping-pong, ideal for gatherings with family and friends. Inside, a contemporary open-plan kitchen with Bosch appliances seamlessly connects to a bright, airy living space. Both bedrooms are filled with natural light and designed for comfort. The bathrooms feature modern, functional fixtures. Additional conveniences include two underground parking spaces and a storage room. This La Cala de Mijas penthouse presents a rare opportunity to enjoy extraordinary outdoor living and exceptional comfort in one of the most sought-after locations in Spain. Discover the perfect blend of luxury, outdoor space, and stunning views in this prime property in La Cala de Mijas, Spain.
Location
Nightly rates in the area
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